36 Durack St, Moorooka is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Moorooka in the last 12 months.
Situated in the heart of Moorooka, this prime development opportunity** is surrounded by a thriving community, great amenities, and infrastructure. The 810m2 allotment boasts two lots on one title, is zoned for 2-3 levels and is surrounded by developments similar in nature. If neighbouring allotments are to be observed, consideration may be given to exploring development opportunities.
The existing dwelling is in original condition and is currently leased to long term tenants, presenting exciting opportunities to landbank and hold as an investment.
The largely original home features decorative cornice, timber flooring, a separate living and dining space as well as a central eat-in kitchen including a freestanding gas stove, open overhead shelving and built-in pantry.
Three queen sized bedrooms are serviced by a functional bathroom featuring a shower over bath, linen cupboard, and toilet. The rear deck is adjacent to the eat-in kitchen and overlooks the fully fenced allotment.
Additional features include:
• City glimpses from the rear
• Double car accommodation in separate shed + storage
• Downstairs laundry with additional storage
With current secure income and scope for further return on investment through capital growth and future development opportunities, this property will attract the attention of developers and astute investors.
Located just 9 kilometres from the CBD, convenient to major arterials and public transport options, including a busway just metres from the front gate, this location is ideal for commuters. Salina, Zeitoon, Yeshi Buna Ethio-African Cafe and Restaurant are popular with the locals. Other local highlights include Slipstream Brewing Company and Adonis Cafe & Bar Yerongpilly. Within the school catchments for Moorooka State School and Yeronga State High School. Popular choices for private schools include St Brendan's Primary School, St Sebastian's Primary School, Brigidine College, Brisbane Boys College and Our Lady's College Annerley.
*** All references to any development opportunities are subject to council approvals and are the responsibility of the buyer to do their own due diligence on viability prior to making an offer ***
Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information.
The size of Moorooka is approximately 4.1 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Moorooka in 2011 was 9,984 people. By 2016 the population was 10,365 showing a population growth of 3.8% in the area during that time. The predominant age group in Moorooka is 30-39 years. Households in Moorooka are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorooka work in a professional occupation. In 2011, 58.1% of the homes in Moorooka were owner-occupied compared with 56.3% in 2016.
Moorooka has 5,631 properties. Over the last 5 years, Houses in Moorooka have seen a 78.44% increase in median value, while Units have seen a 82.22% increase. As at 31 October 2024:
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